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Global car tyre demand to contract 20-30 per cent in 2020 – GfK
On the morning of 10 June 2020, well-respected market analysts GfK hosted a webinar for north of 170 European tyre executives. Overall, the “Global Car Tyre Market Overview” presentation concluded that, while there are many variables and unknowns, retail tyre demand in 2020 market is likely to be down 20-30 per cent compared with 2019.
Source:https://www.tyrepress.com/2020/06/global-car-tyre-demand-to-contract-20-30-per-cent-in-2020-gfk/
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